A lot of small business owners in the U.S. are not millionaires, like the top CEOs you hear about on the news. It's not easy for someone who's making $70,000 to cut his pay in half. And remember, the owners have bills to pay and families to support, too, so it's perfectly understandable that many wouldn't be able to take a pay cut.
That's why it's so amazing to me that as many as 50 percent of small business owners have done exactly that to avoid having layoffs. The question is, would you do the same thing?
Carl Azuz, Anchor